83, SHEPHERDS CLOSE, ROMFORD, RM6 5AH - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

83 SHEPHERDS CLOSE is a large extended flat of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £285,588. It was last sold for £260,000 in May 2017, which was around 8% below the average May 2017 flat price in the Redbridge local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

83 SHEPHERDS CLOSE Sold Prices

Land registry data shows three sales for 83 SHEPHERDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redbridge local authority area for the corresponding sale date. All of the three 83 SHEPHERDS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 18 MAY	£260,000	£283,802	8% below HPI
2007 1 JUN	£124,999	£195,779	36% below HPI
2000 22 AUG	£65,000	£91,361	29% below HPI

What might 83 SHEPHERDS CLOSE be worth now?

83 SHEPHERDS CLOSE might now be worth an estimated £285,588.

This is based on house price inflation of 9.8%, between May 2017 and May 2026, for flats, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for 83 SHEPHERDS CLOSE of £260,000 on 18th May 2017. For the value to have increased from £260,000 to £285,588 over the nine years to May 2026, the following assumptions must hold true:

• The value of 83 SHEPHERDS CLOSE has moved in line with the HPI for flats in the Redbridge local authority area.
• The May 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 83 SHEPHERDS CLOSE has not materially changed since May 2017.

How Large is 83 SHEPHERDS CLOSE?

83 SHEPHERDS CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 40% of flats in London, based on EPC data. 63% of flats are smaller than 83 SHEPHERDS CLOSE, and 36% of flats are larger. Note that EPC data is not available for all properties in London.

83 SHEPHERDS CLOSE: Plot

83 SHEPHERDS CLOSE sits on a plot of roughly 1.6 acres, or 6,400m².

Where is 83 SHEPHERDS CLOSE?

83 SHEPHERDS CLOSE is located in ROMFORD, in the RM6 postcode district.